Measure of the number of times inventory is sold or used in a time period
Business administration
Management of a business
Accounting
Management accounting
Financial accounting
Audit
Business entity (list)
Corporate group
Corporation sole
Conglomerate (company)
Holding company
Cooperative
Corporation
Joint-stock company
Limited liability company
Partnership
Privately held company
Sole proprietorship
State-owned enterprise
Corporate governance
Annual general meeting
Board of directors
Supervisory board
Advisory board
Audit committee
Corporate law
Commercial law
Constitutional documents
Contract
Corporate crime
Corporate liability
Insolvency law
International trade law
Mergers and acquisitions
Corporate title
Chairman
Chief business officer/Chief brand officer
Chief executive officer/Chief operating officer
Chief financial officer
Chief human resources officer
Chief information officer/Chief marketing officer
Chief product officer/Chief technology officer
Economics
Commodity
Public economics
Labour economics
Development economics
International economics
Mixed economy
Planned economy
Econometrics
Environmental economics
Open economy
Market economy
Knowledge economy
Microeconomics
Macroeconomics
Economic development
Economic statistics
Finance
Financial statement
Insurance
Factoring
Cash conversion cycle
Insider dealing
Capital budgeting
Commercial bank
Derivative
Financial statement analysis
Financial risk
Public finance
Corporate finance
Managerial finance
International finance
Liquidation
Stock market
Financial market
Tax
Financial institution
Capital management
Venture capital
Types of management
Asset
Brand
Business intelligence
Business development
Capacity
Capability
Change
innovation
Commercial
Marketing
Communications
Configuration
Conflict
Content
Customer relationship
Distributed
Earned value
Electronic business
Enterprise resource planning
management information system
Financial
Human resource
development
Incident
Knowledge
Legal
Materials
Network
administrator
Office
Operations
services
Performance
Power
Problem
Process
Product life-cycle
Product
Project
Property
Quality
Records
Resource
Risk
crisis
Sales
Security
Service
Strategic
Supply chain
Systems
administrator
Talent
Technology
Organization
Architecture
Behavior
Communication
Culture
Conflict
Development
Engineering
Hierarchy
Patterns
Space
Structure
Trade
Business analysis
Business ethics
Business plan
Business judgment rule
Consumer behaviour
Business operations
International business
Business model
International trade
Trade route
Business process
Business statistics
Business and economics portal
v
t
e
Part of a series on
Accounting
Historical cost
Constant purchasing power
Management
Tax
Major types
Audit
Budget
Cost
Forensic
Financial
Fund
Governmental
Management
Social
Tax
Key concepts
Accounting period
Accrual
Constant purchasing power
Economic entity
Fair value
Going concern
Historical cost
Matching principle
Materiality
Revenue recognition
Unit of account
Selected accounts
Assets
Cash
Cost of goods sold
Depreciation / Amortization (business)
Equity
Expenses
Goodwill
Liabilities
Profit
Revenue
Accounting standards
Generally-accepted principles
Generally-accepted auditing standards
Convergence
International Financial Reporting Standards
International Standards on Auditing
Management Accounting Principles
Financial statements
Annual report
Balance sheet
Cash-flow
Equity
Income
Management discussion
Notes to the financial statements
Bookkeeping
Bank reconciliation
Debits and credits
Double-entry system
FIFO and LIFO
Journal
Ledger / General ledger
Trial balance
Auditing
Financial
Internal
Firms
Report
Sarbanes–Oxley Act
People and organizations
Accountants
Accounting organizations
Luca Pacioli
Development
History
Research
Positive accounting
Sarbanes–Oxley Act
Misconduct
Creative
Earnings management
Error account
Hollywood
Off-balance-sheet
Two sets of books
v
t
e
In accounting, the inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. It is calculated to see if a business has an excessive inventory in comparison to its sales level. The equation for inventory turnover equals the cost of goods sold divided by the average inventory. Inventory turnover is also known as inventory turns, merchandise turnover, stockturn, stock turns, turns, and stock turnover.
and 25 Related for: Inventory turnover information
In accounting, the inventoryturnover is a measure of the number of times inventory is sold or used in a time period such as a year. It is calculated to...
interested in inventoryturnover ratio or average days to sell inventory since it tells them something about relative inventory levels. Inventoryturnover ratio...
the churn Inventoryturnover or inventory turns, a measure of the number of times inventory is sold or used in a time period Sales turnover or revenue...
'average days to sell the inventory' which is calculated as: Average days to sell the inventory = 365 days InventoryTurnover Ratio {\displaystyle {\mbox{Average...
themselves in both physical or monetary form, such as the standard inventoryturnover. Unit loads are combinations of individual items which are moved by...
Field inventory management, commonly known as inventory management, is the task of understanding the stock mix of a company and the handling of the different...
Outsourcing International Trade Organization Inventoryturnover, a measure of the number of times inventory is sold or used in a certain period of time...
purchasing data, loss prevention and turnover, and customer satisfaction. An extension of inventory control is the inventory control system. This may come in...
suggests that the aim of a tightly coupled relationship is to reduce inventory and avoid stock-outs. There are a variety of supply-chain models, which...
warehouse management system is to record the arrival and departure of inventory. From that starting point, features are added like recording the precise...
constitute the raw material of a buyer. NetSuite.com (2022-08-09). "InventoryTurnover Ratio: Trouble or Paradise?". Oracle NetSuite. Retrieved 2023-06-30...
can include the movement and storage of raw materials, work-in-process inventory, finished goods, and end to end order fulfilment from the point of origin...
of a single facility, sharing space, equipment, labor resources, and inventory as applicable. A typical retail distribution network operates with centers...
In inventory management, a stock keeping unit (abbreviated as SKU, pronounced es-kay-YOO or SKEW) is the unit of measure in which the stocks of a material...
management system Supply chain Delivery (commerce) Field inventory management Inventoryturnover Stock keeping unit Decision-making Industry classification...
ratio, debtors turnover, debt ratio, and current ratio had negative coefficients. The study concluded that inventoryturnover, asset turnover, debt-equity...
does consistent inventoryturnover. However, managing obsolete stock is vital to avoid potential financial issues. Structured inventory planning can also...
Digital copy (DC) - (D=0, P=0) Where products are digital assets and inventory is maintained with a single digital master. Copies are created on-demand...
(2012). "Order Picking: Methods and Equipment for Piece Pick, Case Pick, and Pallet Pick Operations". Inventory Ops Consultation. Retrieved 1 May 2015....
Receivables Inventory conversion ratio 365 Days/InventoryTurnoverInventory conversion period (essentially same thing as above) Inventory/Cost of Goods...
enables the user to set certain inventory control parameters (like a safety stock) and calculate the time-phased inventory requirements. This process is...
Unlike Radio Shack—relatively small, with high profit margins but slow inventoryturnover—Incredible Universe stores emphasized low prices, low margins, and...
passengers worldwide, covers a 15 million kilometer network, and has an annual turnover of 260 billion dollars. This mode of transportation links national, international...
drive better results. InventoryTurnover: High turnover indicates efficient management of stock, less money tied up in inventory, and reduced risk of obsolescence...